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Land Development Opportunity For Sale

$1,500,000

NWC of Austin Bluffs Pkwy and Woodmen Road, Colorado Springs, CO

Active
Last Updated: 09/02/2024

15.38 acres

Lot Area

2.24

Price Per Sqft

Details:
Lot Area:    15.38 acres
Price Per Sqft:    $2.24
Zoning:    PDZ SS AO
Highlights:
  • Highly visible, hard corner site next to a major thoroughfare - Austin Bluffs Parkway.
  • Near an abundance of schools, health care, retailers, restaurants and employment.
  • No metropolitan district.
  • All public utilities are available at, or adjacent to site.
  • Within an area of significant residential density.
Description:

Highly visible development land situated at the intersection of Woodmen Road and Austin Bluffs Parkway, which serves as a prominent thoroughfare in Colorado Springs. The property holds a prime location on a hard corner within an area characterized by substantial residential density, retail amenities and employment. Its strategic positioning has attracted numerous national retailers to the surrounding corridor. Ideal uses for the Property include: event center, church, school, medical, office, self storage or multifamily housing (likely low income housing tax credit ‘LIHTC’ or senior). The strongest areas of growth continue to be northern El Paso County and northeast Colorado Springs due to the strong schools, well planned neighborhoods, and proximity to employment. The Property is not encumbered by a metropolitan district and is annexed into the City of Colorado Springs. While the total site size is approximately 15.38 acres, 8.0± acres of the site is developable. A Developer will be required to install a 6’ public sidewalk along Woodmen Road and to pay for a portion of the sidewalk.

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